LSI Company Profile - Aug 25, 2011 by WrightReports

LSI Corporation designs, develops and markets storage and networking semiconductors and storage systems. It provides silicon-to-system solutions that are used at the core of products that create, store, consume and transport digital information. It offers a portfolio of capabilities, including integrated circuits used in hard disk drives, solid state drives, communications systems, computer servers, storage systems and personal computers. It offers storage systems software, redundant array of independent disks (RAID), adapters for computer servers, and RAID software applications. It has two segments: Semiconductor segment and Storage Systems segment. During the year ended December 31, 2010, it introduced PCI Express-based solid-state storage solution. In 2010, it introduced its CTS2600 family of configurable storage components. In 2010, it introduced Engenio 2600 a mid-range storage systems. In May 2011, it sold its external storage systems business to NetApp, Inc.